Charles Schwab Investment Management Inc. Acquires 6,776 Shares of John Wiley & Sons, Inc. (NYSE:WLY)

Charles Schwab Investment Management Inc. grew its holdings in John Wiley & Sons, Inc. (NYSE:WLY) by 1.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 691,828 shares of the company’s stock after acquiring an additional 6,776 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.28% of John Wiley & Sons worth $30,240,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Blue Trust Inc. boosted its position in shares of John Wiley & Sons by 114.6% in the fourth quarter. Blue Trust Inc. now owns 749 shares of the company’s stock valued at $36,000 after acquiring an additional 400 shares during the period. Nisa Investment Advisors LLC boosted its position in shares of John Wiley & Sons by 2,578.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 3,428 shares of the company’s stock valued at $151,000 after acquiring an additional 3,300 shares during the period. Smartleaf Asset Management LLC boosted its position in shares of John Wiley & Sons by 21.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 3,464 shares of the company’s stock valued at $151,000 after acquiring an additional 603 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of John Wiley & Sons by 10.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,700 shares of the company’s stock valued at $161,000 after acquiring an additional 350 shares during the period. Finally, Berry Wealth Group LP raised its stake in shares of John Wiley & Sons by 5.4% in the fourth quarter. Berry Wealth Group LP now owns 4,991 shares of the company’s stock valued at $218,000 after purchasing an additional 255 shares in the last quarter. 73.94% of the stock is owned by institutional investors.

John Wiley & Sons Stock Performance

Shares of NYSE WLY opened at $44.04 on Monday. The business has a fifty day simple moving average of $41.72 and a 200 day simple moving average of $45.90. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.26. The firm has a market capitalization of $2.37 billion, a price-to-earnings ratio of -48.39 and a beta of 0.82. John Wiley & Sons, Inc. has a one year low of $34.85 and a one year high of $53.96.

John Wiley & Sons (NYSE:WLY) last announced its earnings results on Thursday, March 6th. The company reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.39. John Wiley & Sons had a positive return on equity of 24.14% and a negative net margin of 2.82%. The company had revenue of $404.63 million during the quarter, compared to analyst estimates of $401.10 million. Sell-side analysts expect that John Wiley & Sons, Inc. will post 3.42 EPS for the current year.

John Wiley & Sons Profile

John Wiley & Sons, Inc engages in the provision of research and learning materials. It operates through the following segments: Research, Learning, and Held for Sale or Sold. The Research segment consists of research publishing and research solutions. The Learning segment includes academic and professional reporting lines and consists of publishing and related knowledge solutions.